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Varicose Vein Treatment Market: Endovenous Laser Systems Segment to Dominate the Global Market Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment 2016-2026
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Published by Future Market Insights: 12 Apr 2017 | 67704 | In Stock
Related Topics: Medical

Introduction

User-friendly devices with a greater focus on safety and efficiency will dominate the global market

Medical device manufacturers in the global varicose vein treatment market are looking to provide user-friendly devices to reduce the probability of manual errors. Portable devices with quicker procedural setup and an intuitive user interface are being provided by manufacturers in the global varicose vein treatment market to increase their customer base. Features including patient data management software compatibility and data storage are being offered by these devices. In addition to this, there is a greater focus on enhancing safety features in the global varicose vein treatment market to minimise the chances of injury and substantially improve patient safety. Manufacturers are continually launching new and improved products in the varicose vein treatment market with particular emphasis on R&D in endoveneous laser therapy and this should lead to significant market growth during the entire forecast period.

Endovenous laser ablation has been rapidly adopted by U.S clinics

Veins in the lower extremity of the body are divided into further branched veins that lie superficially to the muscle fascia. Perforating veins cross the muscle fascia and link the deep veins beneath the fascia to the superficial veins. Recent global trends for treating lower extremity chronic venous disease is helped in no small part by using endovenous laser ablation. This is a critical component that should benefit the varicose vein treatment market over the duration of the study period. In a few countries such as the U.S., endoveneous laser therapy is primarily performed in clinics as opposed to hospitals to eliminate the long-waiting times typical of hospital settings. Therefore, physicians have quickly warmed up to laser therapy systems. In addition to this, a rising number of ABVLM-certified physicians is further boosting their ability to perform minimally invasive laser therapy to treat varicose veins. As of November 2016, there were about 750 ABVLM-certified physicians in the U.S. specialising in vascular and vein care, and this number is only expected to go up going forward.

Endovenous laser systems to remain the largest segment in the foreseeable future

The endovenous laser systems segment by treatment type is anticipated to register a CAGR of 7.3% in terms of value for the period 2016-2026. The endovenous laser systems segment accounted for just over half the total varicose vein treatment market share in the year 2016 and was valued at slightly above US$ 250 Mn. The endovenous laser systems segment is expected to gain 460 BPS during the course of the 10 year study. At the end of 2016, the treatment segment accounted for a little more than 45% value share of the global varicose vein treatment market and it is predicted to touch a value of almost US$ 380 Mn by the year 2026, with a CAGR of 5.3% during the forecast period. An absolute dollar opportunity of a little more than US$ 15 Mn in 2017 over 2016 can be expected for the endovenous laser systems segment in the global varicose vein treatment market. Revenue from the endovenous laser systems segment is anticipated to be more than US$ 500 Mn by the year 2026. Endovenous laser fibres to be just a little behind the endovenous laser systems segment

The endovenous laser fibres segment was worth more than US$ 20 Mn in the year 2015 and is anticipated to register a CAGR of 6.3% for the entire forecast period. An absolute dollar opportunity of more than US$ 1 Mn in 2017 over 2016 can be expected in the endovenous laser fibres segment of the global varicose vein treatment market. The revenue derived from the endovenous laser fibres segment is likely to be close to US$ 43 Mn by the end of the study period.

Table of Contents
for Varicose Vein Treatment Market: Endovenous Laser Systems Segment to Dominate the Global Market Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment 2016-2026

  • Table Of Content

    1.Executive Summary

    2.Varicose Vein Treatment Market Introduction

    2.1.Market Definition

    2.2.Market Taxonomy

    3.Varicose Vein Treatment Market Analysis Scenario

    3.1.Pricing Analysis

    3.1.1.Pricing Assumptions

    3.1.2.Price Projections Per Region

    3.2.Market Size (US$ Mn) and Forecast

    3.2.1.Market Size and Y-o-Y Growth

    3.2.2.Absolute $ Opportunity

    4.Varicose Vein Treatment Market Dynamics

    4.1.Macro-economic Factors

    4.2.Drivers

    4.2.1.Supply Side

    4.2.2.Demand Side

    4.3.Restraints

    4.4.Opportunities

    4.5.Varicose Vein Treatment Market Trends

    5.Varicose Vein Treatment Market Analysis and Forecast, By Treatment

    5.1.Introduction

    5.1.1.Basis Point Share (BPS) Analysis By Treatment

    5.1.2.Y-o-Y Growth Projections By Treatment

    5.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Treatment

    5.2.1.Endovenous Laser Systems

    5.2.1.1.Diode Lasers

    5.2.1.2.Yag Lasers

    5.2.2.Endovenous Laser Fibers

    5.2.2.1.Bare Tip Laser Fibers

    5.2.2.2.Radial Tip Laser Fibers

    5.2.2.3.Gold-Tip Laser Fibers

    5.2.3.Varicose Vein Treatment

    5.2.3.1.Non-thermal Ablation

    5.2.3.2.Radiofrequency Ablation

    5.2.3.3.Sclerotherapy

    5.3.Market Attractiveness Analysis By Treatment

    6.Global Varicose Vein Treatment Market Analysis and Forecast, By End User

    6.1.Introduction

    6.1.1.Basis Point Share (BPS) Analysis By End User

    6.1.2.Y-o-Y Growth Projections By End User

    6.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By End User

    6.2.1.Hospitals

    6.2.2.Ambulatory Surgical Centers

    6.2.3.Specialized Clinics

    6.3.Varicose Vein Treatment Market Attractiveness Analysis By End User

    7.Global Varicose Vein Treatment Market Analysis and Forecast, By Region

    7.1.Introduction

    7.1.1.Basis Point Share (BPS) Analysis By Region

    7.1.2.Y-o-Y Growth Projections By Region

    7.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Region

    7.2.1.North America

    7.2.2.Latin America

    7.2.3.Western Europe

    7.2.4.Eastern Europe

    7.2.5.Asia Pacific Excl. Japan (APEJ)

    7.2.6.Japan

    7.2.7.Middle East and Africa (MEA)

    7.3.Varicose Vein Treatment Market Attractiveness Analysis By Region

    8.North America Varicose Vein Treatment Market Analysis and Forecast

    8.1.Introduction

    8.1.1.Basis Point Share (BPS) Analysis By Country

    8.1.2.Y-o-Y Growth Projections By Country

    8.1.3.Key Regulations

    8.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Country

    8.2.1.U.S.

    8.2.2.Canada

    8.3.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Treatment

    8.3.1.Endovenous Laser Systems

    8.3.1.1.Diode Lasers

    8.3.1.2.Yag Lasers

    8.3.2.Endovenous Laser Fibers

    8.3.2.1.Bare Tip Laser Fibers

    8.3.2.2.Radial Tip Laser Fibers

    8.3.2.3.Gold-Tip Laser Fibers

    8.3.3.Varicose Vein Treatment

    8.3.3.1.Non-thermal Ablation

    8.3.3.2.Radiofrequency Ablation

    8.3.3.3.Sclerotherapy

    8.4.Varicose Vein Treatment Market Size (US$ Mn) Forecast By End User

    8.4.1.Hospitals

    8.4.2.Ambulatory Surgical Centers

    8.4.3.Specialized Clinics

    8.5.Market Attractiveness Analysis

    8.5.1.By Country

    8.5.2.By Treatment

    8.5.3.By End User

    9.Latin America Varicose Vein Treatment Market Analysis and Forecast

    9.1.Introduction

    9.1.1.Basis Point Share (BPS) Analysis By Country

    9.1.2.Y-o-Y Growth Projections By Country

    9.1.3.Key Regulations

    9.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Country

    9.2.1.Brazil

    9.2.2.Mexico

    9.2.3.Rest of Latin America

    9.3.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Treatment

    9.3.1.Endovenous Laser Systems

    9.3.1.1.Diode Lasers

    9.3.1.2.Yag Lasers

    9.3.2.Endovenous Laser Fibers

    9.3.2.1.Bare Tip Laser Fibers

    9.3.2.2.Radial Tip Laser Fibers

    9.3.2.3.Gold-Tip Laser Fibers

    9.3.3.Varicose Vein Treatment

    9.3.3.1.Non-thermal Ablation

    9.3.3.2.Radiofrequency Ablation

    9.3.3.3.Sclerotherapy

    9.4.Varicose Vein Treatment Market Size (US$ Mn) Forecast By End User

    9.4.1.Hospitals

    9.4.2.Ambulatory Surgical Centers

    9.4.3.Specialized Clinics

    9.5.Market Attractiveness Analysis

    9.5.1.By Country

    9.5.2.By Treatment

    9.5.3.By End User

    10.Western Europe Varicose Vein Treatment Market Analysis and Forecast

    10.1.Introduction

    10.1.1.Basis Point Share (BPS) Analysis By Country / Region

    10.1.2.Y-o-Y Growth Projections By Country

    10.1.3.Key Regulations

    10.2.Varicose Vein Treatment Market Size (US$ Mn) and Volume (Units) Forecast By Country / Region

    10.2.1.Germany

    10.2.2.France

    10.2.3.Italy

    10.2.4.Spain

    10.2.5.U.K.

    10.2.6.BENELUX

    10.2.7.Nordic

    10.2.8.Rest of Western Europe

    10.3.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Treatment

    10.3.1.Endovenous Laser Systems

    10.3.1.1.Diode Lasers

    10.3.1.2.Yag Lasers

    10.3.2.Endovenous Laser Fibers

    10.3.2.1.Bare Tip Laser Fibers

    10.3.2.2.Radial Tip Laser Fibers

    10.3.2.3.Gold-Tip Laser Fibers

    10.3.3.Varicose Vein Treatment

    10.3.3.1.Non-thermal Ablation

    10.3.3.2.Radiofrequency Ablation

    10.3.3.3.Sclerotherapy

    10.4.Varicose Vein Treatment Market Size (US$ Mn) Forecast By End User

    10.4.1.Hospitals

    10.4.2.Ambulatory Surgical Centers

    10.4.3.Specialized Clinics

    10.5.Market Attractiveness Analysis

    10.5.1.By Country

    10.5.2.By Treatment

    10.5.3.By End User

    11.Eastern Europe Varicose Vein Treatment Market Analysis and Forecast

    11.1.Introduction

    11.1.1.Basis Point Share (BPS) Analysis By Country

    11.1.2.Y-o-Y Growth Projections By Country

    11.1.3.Key Regulations

    11.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Country

    11.2.1.Russia

    11.2.2.Poland

    11.2.3.Rest of Eastern Europe

    11.3.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Treatment

    11.3.1.Endovenous Laser Systems

    11.3.1.1.Diode Lasers

    11.3.1.2.Yag Lasers

    11.3.2.Endovenous Laser Fibers

    11.3.2.1.Bare Tip Laser Fibers

    11.3.2.2.Radial Tip Laser Fibers

    11.3.2.3.Gold-Tip Laser Fibers

    11.3.3.Varicose Vein Treatment

    11.3.3.1.Non-thermal Ablation

    11.3.3.2.Radiofrequency Ablation

    11.3.3.3.Sclerotherapy

    11.4.Varicose Vein Treatment Market Size (US$ Mn) Forecast By End User

    11.4.1.Hospitals

    11.4.2.Ambulatory Surgical Centers

    11.4.3.Specialized Clinics

    11.5.Market Attractiveness Analysis

    11.5.1.By Country

    11.5.2.By Treatment

    11.5.3.By End User

    12.APEJ Varicose Vein Treatment Market Analysis and Forecast

    12.1.Introduction

    12.1.1.Basis Point Share (BPS) Analysis By Country

    12.1.2.Y-o-Y Growth Projections By Country

    12.1.3.Key Regulations

    12.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Country

    12.2.1.China

    12.2.2.India

    12.2.3.Australia & New Zealand

    12.2.4.ASEAN

    12.2.5.Rest of APEJ

    12.3.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Treatment

    12.3.1.Endovenous Laser Systems

    12.3.1.1.Diode Lasers

    12.3.1.2.Yag Lasers

    12.3.2.Endovenous Laser Fibers

    12.3.2.1.Bare Tip Laser Fibers

    12.3.2.2.Radial Tip Laser Fibers

    12.3.2.3.Gold-Tip Laser Fibers

    12.4.Varicose Vein Treatment Market Size (US$ Mn) Forecast By End User

    12.4.1.Hospitals

    12.4.2.Ambulatory Surgical Centers

    12.4.3.Specialized Clinics

    12.5.Market Attractiveness Analysis

    12.5.1.By Country

    12.5.2.By Treatment

    12.5.3.By End User

    13.Japan Varicose Vein Treatment Market Analysis and Forecast

    13.1.Introduction

    13.1.1.Key Regulations

    13.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Treatment

    13.2.1.Endovenous Laser Systems

    13.2.1.1.Diode Lasers

    13.2.1.2.Yag Lasers

    13.2.2.Endovenous Laser Fibers

    13.2.2.1.Bare Tip Laser Fibers

    13.2.2.2.Radial Tip Laser Fibers

    13.2.2.3.Gold-Tip Laser Fibers

    13.2.3.Varicose Vein Treatment

    13.2.3.1.Non-thermal Ablation

    13.2.3.2.Radiofrequency Ablation

    13.2.3.3.Sclerotherapy

    13.3.Varicose Vein Treatment Market Size (US$ Mn) Forecast By End User

    13.3.1.Hospitals

    13.3.2.Ambulatory Surgical Centers

    13.3.3.Specialized Clinics

    13.4.Market Attractiveness Analysis

    13.4.1.By Treatment

    13.4.2.By End User

    14.Middle East & Africa (MEA) Varicose Vein Treatment Market Analysis and Forecast

    14.1.Introduction

    14.1.1.Basis Point Share (BPS) Analysis By Country

    14.1.2.Y-o-Y Growth Projections By Country

    14.1.3.Key Regulations

    14.2.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Country

    14.2.1.GCC Countries

    14.2.2.South Africa

    14.2.3.Rest of MEA

    14.3.Varicose Vein Treatment Market Size (US$ Mn) Forecast By Treatment

    14.3.1.Endovenous Laser Systems

    14.3.1.1.Diode Lasers

    14.3.1.2.Yag Lasers

    14.3.2.Endovenous Laser Fibers

    14.3.2.1.Bare Tip Laser Fibers

    14.3.2.2.Radial Tip Laser Fibers

    14.3.2.3.Gold-Tip Laser Fibers

    14.3.3.Varicose Vein Treatment

    14.3.3.1.Non-thermal Ablation

    14.3.3.2.Radiofrequency Ablation

    14.3.3.3.Sclerotherapy

    14.4.Varicose Vein Treatment Market Size (US$ Mn) Forecast By End User

    14.4.1.Hospitals

    14.4.2.Ambulatory Surgical Centers

    14.4.3.Specialized Clinics

    14.5.Market Attractiveness Analysis

    14.5.1.By Country

    14.5.2.By Treatment

    14.5.3.By End User

    15.Competition Landscape

    15.1.Competition Dashboard

    15.2.Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)

    15.3.Global Players

    15.3.1.AngioDynamics, Inc.

    15.3.2.Syneron Medical Ltd

    15.3.3.Dornier Medtech GmbH

    15.3.4.Alma Lasers Ltd.

    15.3.5.Alna-Medicalsystem GmbH

    15.3.6.LSO Medical

    15.3.7.WONTECH Co., Ltd

    15.3.8.intros Medical Laser GmbH

    15.3.9.Energist Ltd

    16.Assumptions and Acronyms Used

    17.Research Methodology

Additional Details

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Future Market Insights

Publisher Information

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.



FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.



FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly. 

Reference

67704 |

Number of Pages

152

Report Format

PDF

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Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly. 

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